Q2 Sees 840,000 Net Broadband Adds, Almost All Due to Fixed Wireless: LRG
The nation's largest cable, wireline phone providers and fixed wireless services -- combined representing about 96% of the market -- added about 840,000 net additional broadband subscribers in Q2, compared with a pro forma gain of about 700,000 in Q2…
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2022, Leichtman Research Group said Monday. It said those providers in total have 112.9 million subs: 76.2 million cable subs, 30.7 million wireline phone subs and 5.9 million fixed wireless subs. Leichtman said Verizon's and T-Mobile's fixed wireless services added 890,000 subs in Q2, compared to 815,000 net adds the same quarter a year earlier. Cable added about 10,000 subs, vs. a loss of about 60,000 the same quarter a year earlier, and wireline lost about 60,000 subs, similar to its Q2 2022 losses.